This property looks like a bad Long-Term investment with a projected -14.93% first-year return on $92,190 initial cash invested.
-14.93%
Cash On Cash
3.45%
Cap Rate
0.55
DSCR
$2,118
Rent
-$1,147
Cashflow
Cash Flow
$2,118 income − $3,265 expenses = $1,147 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,118
Total Expenses
$3,265
Mortgage P&I
109%
$2,302
Property Taxes
12%
$258
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0